PARLIAMENT QUESTION: SPACE VENTURE CAPITAL FUND
The Antariksh Venture Capital Fund (AVCF), a SEBI-registered Category II Alternative Investment Fund (AIF), has been established with contributions from IN-SPACe to provide equity capital to emerging space-tech startups. Its primary objective is to support technology development, commercialization, and scaling of operations for these startups, contributing to India's space ambitions. As of July 2026, IN-SPACe's total contributions stood at ₹188.93 Crores, with three startups already selected for investment. The fund's operations and investments are governed by SEBI (Alternative Investment Funds) Regulations.
The Antariksh Venture Capital Fund (AVCF), a SEBI-registered Category II Alternative Investment Fund (AIF), has been established with contributions from IN-SPACe to provide equity capital to emerging space-tech startups. Its primary objective is to support technology development, commercialization, and scaling of operations for these startups, contributing to India's space ambitions. As of July 2026, IN-SPACe's total contributions stood at ₹188.93 Crores, with three startups already selected for investment. The fund's operations and investments are governed by SEBI (Alternative Investment Funds) Regulations.
Exam linkage
GS Paper 3 – Indian Economy (Financial Markets, Investment Models, Startups), Science and Technology (Space Technology, Indigenization of Technology, Government Policies for S&T).
Syllabus mapping
This topic appears in Mains
Questions on Indian Economy come up regularly in GS papers. Practice writing an answer — and see exactly what earns marks.
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